more really simple mathback in 2012, we were worth about $1.25/sh (& diluting). selling at $.07/sh. 2 yrs ago, we did a reverse split. 7became 1. we were down to 40 million share w/ promises of institutional buyers (that went real well).
our current BURN RATE for dilution on pp's in just 2 years of false/failed direction has us at 80+ million shares. that means we should be at about $14 cents a share equal to 2 yrs ago before split, including dilution for lasst 2 yrs. or $28 cents before 2yrs of dilution. yet we are at 4cents!
we are going downhill bigtime. we need to put a brake on this.
this real estate holding. that is what it is.
let's sell it before the mortgage (pps) & coming recession take us out.
any good commisioned agent will not just sit still. they will go out and bring in a buyer/buyers.
time is of the essence. that is our huge HUGE problem.
now the real questions to consider-
1 - is current management WILLING to change direction?
2 - are they capable?
3 - do we continue HOPING for a pobrodje & partner(who buys in really cheap & keeps us paying our own costs-read- lot's more PPs)?
4- what other option is there to give us the best value to stockholders after all we've been through?